Settings8H · net · $10k
Funding arb · Price arb /

BEAT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0144%/8h= −15.8% APRnext payment $0.72 per $10,000 · paid last 24h −0.024%
Price spread now: Bybit against Bitget−0.115%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$181as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1671.670% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.142%−$14 on $10k
Price spread, last 3 days (all we have)+0.017%+$2 · spread now −0.115%, 7d avg −0.095%
Together, before fees−0.124%−$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.021% cheaper against Bitget than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.095%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BEATUSDT0.086800.0244pay 0.0122% / 4h1h 37m$1.3M$1.2M10x
ShortBybit BEATUSDT0.086700.0100get 0.0050% / 4h1h 37m$4.6M$2.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$30.24
Price spread: −0.115% → −0.095%
−$2.06
Slippage, 4 orders
−$143.99
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$199.29
Costs to cover
1.670%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; Bybit: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 4 min ago11.49 bp31.6 bp −$3281.3 bp −$813doesn't fitdoesn't fit
Sell Bybit live order book, just now2.88 bp54.1 bp −$54491.7 bp −$4,917doesn't fitdoesn't fit

BEAT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BEATUSDT+0.0100%4h0.08677−0.038%$48K$30K10xas long as short
Bybit BEATUSDTshort+0.0100%4h0.08670−0.115%$4.6M$2.1M25x
Gate BEAT_USDT+0.0100%8h0.086800.000%$3.3M$2.0M20xas long as short
Variational Omni BEAT+0.0100%4h0.08705+0.294%$33K$587as long as short
SunX BEAT-USDT+0.0100%4h0.08697+0.196%$2K$1.3M20xas long as short
OKX BEAT-USDT-SWAP+0.0172%4h0.08670−0.115%$4.1M$9.8M10xas long as short
Bitget BEATUSDTlong+0.0244%4h0.08680long leg$1.3M$1.2M10x
HTX BEAT-USDT+0.0265%4h0.08727+0.541%$120K$65K20xas long as short
Binance BEATUSDT+0.0335%4h0.08673−0.076%$8.1M$10.6M10xas long as short
Extended BEAT-USD+0.0336%1h0.08668−0.135%$5K$221K5xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BEAT_USDT+0.0338%4h0.08670−0.115%$5.8M$2.4M100xas long as short
BingX BEAT-USDT+0.0340%4h0.08670−0.115%$7.6Mas long as short
edgeX BEATUSDC+0.0340%4h0.08694+0.157%$4K$165K10xas long as short
BloFin BEAT-USDT+0.0357%4h0.08700+0.230%$489K$50K10xas long as short
KuCoin BEATUSDTM+0.0794%4h0.08679−0.012%$2.5M$1.1M25xas long as short